Applies to intervene in the Competition Bureau case seeking to block Rogers\u0027 $26\u002Dbillion takeover of Shaw
Videotron, the cable and wireless arm of Montreal-based Quebecor, applied to intervene in the Competition Bureau’s case to block Rogers’ $26-billion deal to buy Shaw, according to a. If approved, Quebecor will be allowed to argue in favour of the deal in front of the federal Competition Tribunal.
In his submissions to the tribunal, Boswell warned that selling Freedom Mobile to the wrong company could hobble an otherwise viable fourth challenger to Canada’s Big Three telecommunications companies, an oligopoly that includes Rogers along with BCE Inc.’s Bell Canada and Telus Corp.Article contentthat the company’s aggressive approach to setting prices and innovating services “forced the Big 3 to compete to retain customers.
Freedom would double Videotron’s subscriber base. In its filings to the tribunal, Quebecor said it could present evidence of the company’s plans to use the Freedom acquisition to create “aggressive competition” in the wireless market outside of Quebec, which is the only place the company currently does significant business.Article content
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